That's what happens when a company goes ex-dividend. It drops by whatever the dividend price is and then resumes normal trading. The fact that ORG is subject to a takeover makes no difference to that process. If you factor in the divvie it's sitting at around $8.20.
manipulation, page-31
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 (20min delay)
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Last
$10.73 |
Change
0.050(0.47%) |
Mkt cap ! $18.39B | |||
| Open | High | Low | Value | Volume |
| $10.70 | $10.74 | $10.64 | $5.110M | 477.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3621 | $10.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.73 | 797 | 11 |
View Market Depth
| Last trade - 10.22am 18/07/2024 (20 minute delay) ? |
| ORG (ASX) Chart |